viability event

07:32 Jan 22, 2018 

I don't think it's a typo because there are many repetitions

14:25 Jan 17, 2018 

Viability event
A Viability Event is the earlier of:
(a) a decision that a conversion, without which the firm would become non-viable, is necessary, as determined by [name of the relevant authority]; and
(b) the decision to make a public sector injection of capital, or equivalent support, without which the firm would have become non-viable, as determined by [name of the relevant authority].
[In case a statutory approach is claimed, the clause will have to make clear that the jurisdiction has an equivalent regime in place.]
http://www.allenovery.com/SiteCollectionDocuments/Tax Treatm...
<p>Viability Event is the point at which, without such write-down or extraordinary state support to improve the bank’s capital adequacy, the bank would otherwise be bankrupt, insolvent or unable to pay its debts, as determined by FINMA
<p>Contingent Capital and Related Developments - International ...www.iflr.com/.../NY2-IFLR SlidesContingent Capital-7177...

12:43 Jan 17, 2018 

looks more likely in my opinion

10:48 Jan 17, 2018 

could this be a typo for liability event? Google returns more than 25,000 hits with "liability event"

08:38 Jan 17, 2018 

Trigger Event or Viability Event
Trigger Event forfeiture condition:
the Phase-In Basel III Common Equity Tier 1 Ratio of the Group falls below a threshold of 7%.
Viability Event forfeiture condition:
the FINMA determines that the Awards need to be written down to prevent the insolvency, bankruptcy or failure of xxxxxx, or
xxxxxx has received a commitment of extraordinary support from the public sector that is, as determined by FINMA, necessary to prevent the insolvency, bankruptcy or failure of xxxxxx.